Shelbyville, IN
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    Shelbyville, IN Storefront Properties for Sale

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    Fairland, IN Morristown, IN Homer, IN
    Downtown Shelbyville Investment Opportunity
    $574,900
    6,960 SF

    Downtown Shelbyville Investment Opportunity

    12 S Harrison Street, Shelbyville, IN 46176

    Three fully leased storefronts with value-add residential space.

    • High annual income of over $50,000 from three fully leased storefronts.
    • Significant value‑add potential with 4,000+ sq ft of partially finished residential space for lofts, short‑term rentals, or office/studio conversions.
    • Prime location in the heart of Downtown Shelbyville's revitalized brick streetscape.
    • High visibility and strong foot traffic.
    • Stable tenants and flexible downtown commercial zoning.
    Updated: Nov 19, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mooresville, Indiana NNN Investment
    $2,300,000
    2,555 SF

    Mooresville, Indiana NNN Investment

    2,555 SF NNN sale-leaseback property in Mooresville, Indiana.

    366 S Indiana St, Mooresville, IN 46158
    View details
    Free-Standing Retail Building Indianapolis
    $2,100,000
    10,125 SF

    Free-Standing Retail Building Indianapolis

    10,125 SF retail building in thriving Indianapolis area.

    505 E. Thompson Rd., Indianapolis, IN 46227
    View details
    Freestanding Commercial Building Sale-Leaseback
    $2,300,000
    2,555 SF

    Freestanding Commercial Building Sale-Leaseback

    2,555 SF Mooresville building with NNN lease.

    366 S Indiana St, Mooresville, IN
    View details
    Freestanding Building Near University
    Contact for pricing
    10,344 SF

    Freestanding Building Near University

    Freestanding building across from the University of Indianapolis.

    3808 Shelby St, Indianapolis, IN
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Indianapolis
    $74,000
    0.12 Acres

    Commercial Land in Indianapolis

    0.12-acre commercial lot suitable for various business uses.

    1401 S Meridian Street, Indianapolis, IN 46225
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    Prime Commercial Land on Kentucky
    $325,000
    0.53 Acres

    Prime Commercial Land on Kentucky

    Two adjacent lots totaling 0.53 acres on Indianapolis' Southwest corridor.

    3049 Kentucky Avenue, Indianapolis, IN 46221
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    Prime Commercial Lot in Indianapolis
    $299,500
    0.08 Acres

    Prime Commercial Lot in Indianapolis

    0.45-acre commercial lot near Downtown Indy and IUPUI.

    134 W 30th Street, Indianapolis, IN 46208
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    Riverside Development Opportunity
    $55,000
    0.09 Acres

    Riverside Development Opportunity

    Commercial zoned double-lot in rapidly growing Riverside area.

    2632 N Harding Street, Indianapolis, IN 46208
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    Off-Market Properties in Shelbyville, IN

    Consider similar Off-Market properties in Shelbyville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1010 In-44
    Individual retail properties
    14,794 SF Lot: 3.57 Acres
    Value Estimation by Request

    1010 In-44, Shelbyville, IN 46176

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    Shelbyville, IN Storefront Properties Investment Opportunities Market Analysis

    Explore 2 storefront properties for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 6,960 square feet of properties for sale, with an estimated market value of $574,900.

    Sale prices for retail units in Shelbyville, IN start at $574,900, averaging $574,900, and reaching up to $574,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 5
    Storefront properties 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +3.5%
    Median Household Income $66,045
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46176 $574.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $38.44 per sq ft
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

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